US producer prices rise 0.4% in August, in line with estimates
The Labor Department reported the producer price index for final demand rose 0.4% in August, matching economist estimates. It followed a revised prior reading in the preceding month.
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US July CPI draws split read on Fed policy and inflation trend
July US consumer price index data drew conflicting interpretations, with some economists citing disinflation and narrower price gains while others questioned the energy-price timing in the print.